Gentherm Incorporated (NASDAQ:THRM - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $26.11 and last traded at $26.47, with a volume of 8082 shares. The stock had previously closed at $26.66.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on THRM. Robert W. Baird decreased their target price on shares of Gentherm from $44.00 to $39.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. StockNews.com downgraded shares of Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. cut their target price on shares of Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a research note on Monday, January 27th.
Check Out Our Latest Report on THRM
Gentherm Stock Performance
The stock has a market capitalization of $730.01 million, a price-to-earnings ratio of 11.59 and a beta of 1.46. The company's fifty day simple moving average is $32.96 and its 200 day simple moving average is $38.80. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.36.
Gentherm (NASDAQ:THRM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The auto parts company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.39). The firm had revenue of $352.91 million for the quarter, compared to analyst estimates of $360.29 million. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The firm's revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 earnings per share. On average, equities research analysts expect that Gentherm Incorporated will post 3.1 earnings per share for the current year.
Institutional Investors Weigh In On Gentherm
Several hedge funds and other institutional investors have recently made changes to their positions in THRM. Vanguard Group Inc. grew its stake in shares of Gentherm by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company's stock worth $146,427,000 after buying an additional 74,758 shares during the last quarter. Trigran Investments Inc. grew its position in Gentherm by 7.3% during the 4th quarter. Trigran Investments Inc. now owns 1,990,938 shares of the auto parts company's stock worth $79,488,000 after acquiring an additional 135,458 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Gentherm by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,217,681 shares of the auto parts company's stock worth $48,616,000 after purchasing an additional 62,562 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its holdings in Gentherm by 2.0% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company's stock worth $54,448,000 after purchasing an additional 23,051 shares in the last quarter. Finally, Global Alpha Capital Management Ltd. raised its position in Gentherm by 23.8% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company's stock valued at $31,261,000 after purchasing an additional 150,310 shares during the last quarter. 97.13% of the stock is owned by institutional investors.
About Gentherm
(
Get Free Report)
Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.
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